Connable Office Inc. Makes New $393,000 Investment in Benchmark Electronics, Inc. $BHE

Connable Office Inc. bought a new stake in shares of Benchmark Electronics, Inc. (NYSE:BHE) in the 4th quarter, HoldingsChannel reports. The fund bought 9,193 shares of the technology company’s stock, valued at approximately $393,000.

A number of other large investors also recently modified their holdings of the business. Oppenheimer Asset Management Inc. acquired a new stake in Benchmark Electronics during the fourth quarter worth about $1,193,000. Pictet Asset Management Holding SA bought a new position in shares of Benchmark Electronics during the fourth quarter valued at approximately $208,000. UBS Group AG grew its holdings in shares of Benchmark Electronics by 100.0% during the fourth quarter. UBS Group AG now owns 68,841 shares of the technology company’s stock valued at $2,944,000 after purchasing an additional 34,415 shares during the last quarter. Teacher Retirement System of Texas raised its position in shares of Benchmark Electronics by 9.7% during the 4th quarter. Teacher Retirement System of Texas now owns 154,021 shares of the technology company’s stock worth $6,586,000 after purchasing an additional 13,673 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH raised its position in shares of Benchmark Electronics by 5.3% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 19,198 shares of the technology company’s stock worth $827,000 after purchasing an additional 968 shares during the period. 92.29% of the stock is currently owned by institutional investors.

Benchmark Electronics Stock Performance

Shares of NYSE BHE opened at $85.59 on Friday. Benchmark Electronics, Inc. has a 1 year low of $34.44 and a 1 year high of $87.73. The firm has a market cap of $3.07 billion, a P/E ratio of 90.10 and a beta of 1.28. The stock has a fifty day moving average price of $61.35 and a two-hundred day moving average price of $52.57. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.42 and a current ratio of 2.18.

Benchmark Electronics (NYSE:BHE) last announced its earnings results on Wednesday, April 29th. The technology company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. Benchmark Electronics had a return on equity of 6.63% and a net margin of 1.27%.The company had revenue of $677.28 million for the quarter, compared to analyst estimates of $676.25 million. During the same period in the previous year, the firm earned $0.52 earnings per share. Benchmark Electronics’s revenue for the quarter was up 7.1% compared to the same quarter last year. Benchmark Electronics has set its Q2 2026 guidance at 0.650-0.710 EPS.

Benchmark Electronics Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Tuesday, March 31st were given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, March 31st. Benchmark Electronics’s dividend payout ratio is 71.58%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Lake Street Capital restated a “buy” rating and set a $92.00 price objective on shares of Benchmark Electronics in a research report on Thursday, April 30th. Wall Street Zen raised Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 28th. Needham & Company LLC raised their target price on Benchmark Electronics from $62.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Benchmark Electronics in a report on Monday, April 20th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $86.00.

Insider Buying and Selling

In other Benchmark Electronics news, SVP Rhonda R. Turner sold 6,600 shares of the stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $85.14, for a total value of $561,924.00. Following the completion of the sale, the senior vice president owned 36,067 shares in the company, valued at $3,070,744.38. This represents a 15.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jeff Benck sold 834 shares of Benchmark Electronics stock in a transaction on Friday, February 13th. The shares were sold at an average price of $60.06, for a total transaction of $50,090.04. Following the sale, the chief executive officer directly owned 397,246 shares of the company’s stock, valued at $23,858,594.76. This trade represents a 0.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 7,534 shares of company stock valued at $618,017 over the last three months. 1.10% of the stock is owned by insiders.

Benchmark Electronics Profile

Benchmark Electronics, Inc is a global provider of comprehensive electronics manufacturing services (EMS) and integrated engineering solutions. The company offers a full suite of services that span the entire product lifecycle, from early‐stage design and prototyping to high‐volume production and aftermarket support. Benchmark serves diverse end markets, including industrial automation, medical devices, communications, aerospace and defense, and semiconductor equipment.

At the core of Benchmark’s offering are printed circuit board assemblies (PCBA), system integration, box build assemblies and turnkey manufacturing.